jrs2cents.com

We were told that we had to give GM billions of dollars to stop them from going bankrupt. If we didn’t give them this money hundreds of thousands of people would lose their jobs and businesses would be shut down. Car dealers would lose their lots. It would be catastrophic. So we give them billions [...]

Image by Josh Bomb Let me first say that I am completely against a bailout for the auto industry. The best thing that could happen is that they file bankruptcy and restructure. Kick the unions out of there and reorganize with a better labor force that they can afford, in order to keep up with [...]